GFM Network News


Canadian Financial Close: Feds offer loans to help Alberta oil

By Commodity News Service Canada WINNIPEG, Dec. 18 (CNS Canada) – The Canadian dollar was down at market close Tuesday despite the federal government announcing a loan program for Alberta’s struggling oil industry. The dollar closed at US$0.7433 or US$1=C$1.3454, which compares with Monday’s close of US$0.7463 or C$1.3399. The S&P/TSX Composite Index closed Tuesday […] Read more

North American Grain/Oilseed Review: Weak C$ underpins canola

North American Grain/Oilseed Review: Weak C$ underpins canola By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 18 (CNS Canada) – ICE Futures canola contracts ended higher on Tuesday, as weakness in the Canadian dollar provided support. The currency fell to its lowest levels relative to its United States counterpart since June 2017, which helped […] Read more


ICE canola corrects higher as Canadian dollar weakens

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 18 (CNS Canada) – ICE Futures canola contracts were stronger at midday Tuesday, with weakness in the Canadian dollar providing support. “We came down pretty hard and were due for a bounce,” said a canola trader accounting for the strength in the market. Gains in Chicago […] Read more

ICE canola up with soy

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Dec. 18, 2018 (CNS Canada) – ICE Futures canola contracts are stronger in morning trade, following the lead of the soy complex. Chicago Board of Trade soybean, oil and meal contracts are also all stronger. While there have not been anymore soybean purchases from China, United […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Dec. 18 (CNS Canada) The Canadian dollar was slightly weaker Wednesday morning, as losses in crude oil weighed on the energy-linked currency. At 8:50 CST Tuesday morning the Canadian dollar was at US$0.7452 or C$1.3419 which compares with Monday’s North American close of US$0.7463 or C$1.3399. Canadian manufacturing sales […] Read more



North American Grain/Oilseed Review: Canola narrowly mixed

By Phil Franz-Warkentin, Commodity News Service Canada Winnipeg, Dec. 17 (CNS Canada) – ICE Futures canola contracts ended mixed on Monday, with a firmer tone in the front months and losses in the more deferred positions. While gains in Chicago Board of Trade soybeans were supportive, soyoil was lower and canola traders showed a reluctance […] Read more

ICE canola weakens in choppy trade

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, Dec. 17 (CNS Canada) – ICE Futures canola contracts were steady to lower at midday Monday, taking some direction from Chicago Board of Trade soyoil. “Going into the year end, there’s just money swinging around for no real logical reason,” said a trader on the choppy activity […] Read more


Canadian dollar and business outlook

By Commodity News Service Canada WINNIPEG, Dec. 17 (CNS Canada) The Canadian dollar was softer Monday morning, as losses in the equity markets weighed on the currency. At 9:17 CST Monday morning the Canadian dollar was at US$0.7461 or C$1.3403 which compares with Friday’s North American close of US$0.7474 or C$1.3379. Foreign investment in Canadian […] Read more

ICE canola stabilizing in morning trade

By Ashley Robinson, Commodity News Service Canada WINNIPEG, MB, Dec. 17, 2018 (CNS Canada) – ICE Futures canola contracts are steady to slightly weaker Monday morning, stabilizing following Friday’s losses. Chicago Board of Trade soybean and meal contracts are stronger, while oil contracts are weaker. The market is quiet as it still awaits more soybean […] Read more